Land use regulation and new construction

By C. Mayer, T. Somerville, D. Capozza, J. Donaldson, David N. Figlio, Michel Glower, C. Himmelberg, John M. Quigley, Todd Sinai, W. Strange and 1 more. 2000

512 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/472d1e7767be9368cb47860b91198bb0ed2f351e

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Citations in the corpus

Office space supply restrictions in Britain: the political economy of market revenge (2007, unknown): “3 See, for example, Brueckner (2000); Evenson and Wheaton (2003); Glaeser and Gyourko (2003); Glaeser et al (2005); Mayer and Somerville (2000); Mayo and Sheppard (2001); Phillips and Goodstein (2000); or Song and Knaap (2003).”
The Price Responsiveness of Housing Supply in OECD Countries (2013, background): “Ample evidence suggests that the housing market adjusts gradually to shocks due to, among other factors, transaction costs (e.g. Di Pasquale and Wheaton, 1994; Mayer and Somerville, 2000).”
Politics, Institutions and Local Land-use Regulation (2004, unknown): “This is unfortunate because recent work suggests that transaction costs from regulatory uncertainty significantly influence the cost of development (Mayer and Sommerville, 2000; Feiock and Stream, 2001).”
A New Measure of the Local Regulatory Environment for Housing Markets: The Wharton Residential Land Use Regulatory Index (2008, background): “…and house prices or new construction include Noam (1983), Katz & Rosen (1987), Pollakowski & Wachter (2000), Malpezzi (1996), Levine (1996), Mayer & Somerville (2000), Glaeser & Gyourko (2003), Quigley & Raphael (2004a,b), Glaeser, Gyourko & Saks (2005a,b), Quigley & Rosenthal (2005),…”
Supply Constraints and Housing Market Dynamics (2013, background): “Electronic copy available at: http://ssrn.com/abstract=1982538”
The effect of land use regulation on housing and land prices (2007, methodology): “This approach is also used here, with R equaling the number of restrictive land use 11 Quigley and Raphael (forthcoming), Malpezzi (1996), Pollakowski and Wachter (1990), Cho and Linneman (1993), Levine (1999), and Mayer and Somerville (2000) all construct an index of this type.”
Growth Controls, Real Options, and Land Development (2007, background): “This finding is qualitatively consistent with the finding of Mayer and Somerville (2000) that greater land-use regulation delays new construction.”
When Do Renters Behave Like Homeowners? High Rent, Price Anxiety, and NIMBYism (2018, background): “…and geographic constraints (Saiz 2010), the dominant factor behind the decoupling of supply from demand is policy regulation, from limits on the density of new homes to caps on the number of permits issued (Glaeser andWard 2009; Ihlanfeldt 2007; Mayer and Somerville 2000; Quigley and Raphael 2005).”
Expected Returns and Expected Growth in Rents of Commercial Real Estate (2010, unknown): “The differences in predictability, especially in rent growth, are indicative that inelastic supply of land plays an important role in the documented time variations, which is consistent with Mayer and Somerville (2000) and Gyourko, Mayer, and Sinai (2006).”
Why do households without children support local public schools? Linking house price capitalization to school spending (2002, background): “As in Mayer and Somerville (2000), we model new construction, the change in housing stock, as a function of the change in price and other supply variables.”
Impact fees and single-family home construction (2006, methodology): “Finally, after obtaining the average price of homes falling into each size class and for vacant land parcels in 2003 (calculated from the tax rolls), we construct a benchmarked annual real constant-quality price index for the years 1993 to 2003.(20) The final data items used to complete our panel ar”